USA Law and Practice Contributed by: Edward P. O’Keefe, Neil T. Bloomfield, John A. Stoker and Kathryn (Kate) G. Wellman, Moore & Van Allen, PLLC
rule targeted at risk management standards for the use of automated valuation models in con - nection with certain residential consumer mort - gages. More legislative and regulatory measures
in this space should be expected. Impacts from the 2024 Elections
The outcome of the 2024 presidential elec - tions will shape the legislative, regulatory and supervision direction of the industry. A second Trump Administration is expected to result in a de-emphasis on efforts to further increase bank capital requirements and the use of enforcement as a supervisory tool, in efforts to roll back the Biden Administration’s ESG initiatives, and in furthering the integration of crypto-assets into the financial system.
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